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Buy Just Dial; target of Rs 960: ICICI Direct

ICICI Direct is bullish on Just Dial has recommended buy rating on the stock with a target price of Rs 960 in its research report dated October 25, 2021.

October 25, 2021 / 09:56 AM IST
 
 
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ICICI Direct's research report on Just Dial


Just Dial (JDL) generates revenues from advertisers on various subscription and fee-based packages. Reliance Retail Ventures now holds a 67% stake in JDL JDL’s launch of B2B platform will be a key revenue driver in the long run


Outlook


We continue to remain positive and retain our BUY rating on the stock We value JDL at Rs 960 i.e. 24x P/E on FY23E EPS


For all recommendations report, click here

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first published: Oct 25, 2021 09:56 am

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